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Oracle 1Z1-508 Exam Syllabus Topics:

SectionObjectives
Topic 1: Journal Processing- Manual Journal Entries
- Journal Import and Posting
- Recurring Journals
Topic 2: Period Close Process- Period Open and Close Activities
- Reconciliations and Adjustments
- Financial Close Workflow
Topic 3: Multi-Currency and Consolidation- Financial Consolidation Concepts
- Currency Translation
- Intercompany Accounting
Topic 4: Accounting Setup and Configuration- Accounting Calendar Setup
- Subledger Accounting Configuration
- Ledger and Currency Setup
Topic 5: Reporting and Inquiry- Financial Statements Generation
- Financial Reporting Center
- Account Analysis and Inquiry Tools
Topic 6: General Ledger Overview- Chart of Accounts Structure
- Oracle Fusion General Ledger Architecture
- Ledger Concepts and Configuration

Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

Question 1

What is the most efficient way to add a new year to the accounting calendar?

A. The application automatically populates the next period.
B. Add the periods manually.
C. Run the Other - Calendar Validation Report.
D. Use the Add Year button.


Question 2

Account Rules are specific to ____________.

A. Subledger application
B. Journal Rule sets
C. Accounting methods
D. Event Classes
E. Event Types


Question 3

How is an online ad hoc pivot table created?

A. Use Style Templates
B. Use Online Analyzer, if granted access by an administrator
C. Export to Microsoft Excel to perform data manipulation
D. Use the input parameters feature online
E. Use the Location feature


Question 4

Fusion Accounting Hub includes Hyperion Data Management, which can be used for_______________.

A. Chart of Accounts Master Data maintenance
B. data access and security
C. the maintenance of Trading Community Data
D. data modeling
E. Chart of Accounts Hierarchy maintenance


Question 5

Oracle Business Intelligence Enterprise Edition is available through the iPhone and iPad devices. Which BI object content is NOT visible through a mobile device?

A. Briefing Book, limited to alert visible in the Alerts list
B. Dashboard Page, including analytic actions
C. Scorecard, including analytic actions
D. Analysis, including analytic actions
E. Action


Solutions:

Question 1
Answer: D
Question 2
Answer: A
Question 3
Answer: B
Question 4
Answer: A
Question 5
Answer: A

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